Capgemini plans to acquire Quantmetry as it enters a share purchase agreement with the company and enhances its data transformation capabilities in France. As per the agreement, Quantmetry will aid Capgemini in embracing intelligent industries and businesses with technological transformations.
Quantmetry is an independent AI consulting firm specializing in mathematical modeling and developing technological solutions. Within a decade of being founded in 2011 in Paris, the company has built a global reputation in the retail, consumer goods, energy, and manufacturing sectors.
The acquisition of Quantmetry aims to strengthen Capgemini Invent’s value realization, digital transformation, and capacity enhancement in France. Capgemini Invent is the group’s digital innovation and transformation segment that focuses on curating technology-driven consumer experiences.
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Capgemini is looking forward to becoming an industry leader in data and AI consulting with expertise from Quantmetry.
Quantetry’s CEO and founder, Jeremy Harroch, said on the agreement, “Our consultants, engineers and researchers will be able to put our R&D and machine learning expertise at the center of an ecosystem of excellence.”